The Moustache Foundation has said it will be continuing with its annual fundraiser on November 1 after the charity received an assurance from the Government that it would be funded in full, despite the fact the Government has made no promises to provide it with any extra funds.
The foundation, which raises money for the National Movember Day Appeal, said it had been told by the Government last week that the Movember Campaign Fund would not be receiving any additional funding, despite it having raised more than $1 million for the appeal.
“The Movember Fund was established by the Moustaches Foundation in 2017 and the Foundation continues to support the MNF in the form of our annual fundraising event,” the foundation said in a statement to Fairfax Media.
In September, the Maffeo Foundation, which is also in partnership with the Muffin Foundation, announced that it had raised $500,000, with the remainder of the funds being invested in a “new investment fund”.
“Since that time, we have made clear to the Government we would not accept additional funding for our fundraising efforts,” the Muffle Foundation said in its statement.
It said the foundation would continue to invest in the MFG Fund, but it would not receive additional funding.
Its statement continued: “We are currently assessing the possibility of taking further action in relation to additional funding to help continue to support Movember as we continue to develop the MFFG Fund.
We hope to have a full and fair answer on this in the coming weeks.
Until then, we will continue to be a source of support for the MAFE and the MUFF.
This year, the Foundation has raised $2.2 million for Movember, including a $1.5 million gift from the Mofas, and $1,800,000 for Muffins Fund.
The Muffines have a large online presence, with a focus on raising awareness for breast cancer, the foundation’s statement said.
A spokeswoman for the Government said the Government had made no assurances about any additional funds it would provide for the Foundation.
Last year, Movember raised $6 million for breast health and well-being initiatives and a further $3 million was earmarked for the charity.
While the Mafa Foundation’s statement had promised an increase in the funds raised for the fund this year, it also said the MTF Fund had raised more money this year than it had in any year since it began, so the Mufo Foundation was in “full control” of the Mouf Fund.”
The Foundation remains committed to providing a full financial and organisational support to Movember,” it said.
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